Mortgage rates have just surpassed 7% for the first time in well over a year
NPR · 24 Sep 2026

Mortgage rates have just surpassed 7% for the first time in well over a year

A for sale sign sits in front of a home in Miami. Joe Raedle/Getty Images hide caption The average 30-year fixed-rate mortgage leaped to 7.03% on Thursday, according to the Federal Home Loan Mortgage Corp., which also goes by Freddie Mac. This is the first time the rate has passed the 7% mark in 20


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